1 / 8

Mortgage Loan Interest

Buying a home is a very precious and valuable thing in a human life but we also worried about what type of interest they offered? If you want to know about mortgage loan interest take a look at our presentation.<br>Visit:- https://www.bajajfinserv.in/mortgage-loan-interest-rate<br><br>

virattrathor
Download Presentation

Mortgage Loan Interest

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Mortgage Loan Interest: An Overview

  2. What is Mortgage Loan Interest Rate? • Buying a home with a mortgage is the largest financial transaction most of us will make. • Mortgage Loan are secured loan which keeping an owned property as collateral to the finance institution. • Mortgages can be the biggest financial transaction most people ever make. • The interest rate on your mortgage will depend on such factors as the type of loan and the length of the loan term (such as 20 or 30 years).

  3. Factor Affecting Interest Rate There are following factors which affects the mortgage loan interest rate:- • Credit score • Income • Employment type • Age • Credit utilisation ratio • FOIR • Existing debts

  4. Types of Mortgage Loan There are many types of mortgage loan depending upon the nature of loan:- • Simple Mortgage - A simple mortgage is a system where in the borrower gives his/her property to the lender to get a loan. • English Mortgage - It involve the creation of personal liability for the borrower which involve property transfer to the lender and recovery. • Usufructuary Mortgage - It involves transfer of property along with a lender to receive rent or any other payment for such property until loan repayment is full.

  5. Benefits of Mortgage Loan There are following types of benefits of mortgage loan are as follows:- • You can purchase a home loan without cash • Keep your cash reserves • The interest is tax deductible

  6. Required Document For Mortgage Loan Interest • PAN card • ID proof • Address proof • Document of the property to be mortgage • Title document • Bank account statement

  7. Apply Now Apply for Mortgage loan now to fulfil your needs with low interest rate. Take Loan from Bajaj Finserv it will give you easy repayment tender and good facilities so it will not affect your budget.

  8. For More Info:- 6th Floor,Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar, Pune – 411014 Email:- wecare@bajajfinserv.in Website:-https://www.bajajfinserv.in/ Follow Us On:- /bajajfinserv /Bajaj_Finserv bajaj-finserv-lending/

More Related